Thinking about crossing the pond this summer? What about heading to Hawaii? Just getting around to making your summer plans? In the past 24 hours, I have received multiple emails from friends wanting to find out how they can travel FREE this summer.
Usually, I recommend planning at least one year ahead to travel FREE, and if you are interested, click here to find out about the club at Families Fly FREE. But I do have one secret way to score some FREE travel this summer. In fact, I just recommended this secret to a friend wanting to travel end of May.
And I'm going to share this trick with you right now.
It has to do with the Capital One Venture X and Venture Rewards cards. These cards have a unique travel eraser tool. So here's the secret, if you charge your travel to these cards to reach the minimum spend, you can actually erase the travel purchase when you get the bonus and BEFORE you ever have to pay the balance due.
Capital One will actually give you the bonus immediately when you spend the minimum and BEFORE you pay the bill. They do not make you wait until after you pay the balance like most Chase credit cards.
That means you can actually buy the flights, hotels, rental cars, cruises, and tours as part of your minimum spend and then just erase those purchases.
Following me here?
Thinking About Booking Summer Travel, Read This First!
I just did that exact thing for my trip to Ireland.
Plus the Venture X card comes with a $300 travel credit when you purchase your travel through the Capital One Travel Portal AND 5x points on flights AND 10x points on hotels and car rentals.
So let's look at my friend's situation. She has already secured her flights to Maui for end of May using her Southwest companion pass, a buy one, get one pass for two years and one of the best travel benefits out there. Awesome!
Now she would like to splurge for her birthday and stay at the Four Seasons or similar type hotel. But those hotels are running $1,600 per room per night. Ouch.
If we had more time, we may use another strategy, but since this travel is happening in just a few weeks, I believe this is the best and probably the only option unless of course you have a stash of 500,000 points.
Here's the strategy:
1. My friend and her partner EACH open a Capital One Venture X card. My friend should open hers and then immediately send her partner a referral link so he can open his card. The referral is worth 25,000 points.
2. The card bonus offer right now is 75,000 bonus points for a $4,000 minimum spend
3. Purchase 3 hotel nights through the Capital One Travel Portal on my friend's card and 2 hotel nights through the portal on her partner's card.
4. Quickly, charge another $640 on the partner's Capital One credit card to reach the minimum spend. Maybe a few snorkeling trips in Maui!
5. The bonus should post pretty quickly, plus the 10x points on the hotel purchase so the purchase will yield 75,000 + 50,400 or 125,400 on my friend's account.
5. Use the travel eraser to erase nearly one night at the hotel about a $1,300 value.
6. The $300 statement credit will post immediately as well bringing the annual fee down to just $95.
7. The referral will net another 25,000 points and you have 90 days to erase travel purchases so once that posts, erase another $250. Since you can erase partial payments, you can continue to chip away.
Now do the same thing on the partner's Capital One card and bam, at least 2 nights are FREE. If you decide to try this trick, please use my referral link to support this blog.
Thinking About Booking Summer Travel, Read This First!
If you want your entire trip to be FREE, you need to plan in advance and I recommend joining me at Families Fly FREE. We have teamed up with my friend and national travel blogger Lyn. She has created a simple system to help families fly free.
If you would like to check them out, click here and let Lyn know I sent you. :) I'll be sharing testimonials from some happy members and I'll let you know when I'll be offering webinars.